Glencore expects its trading division to benefit from higher interest rates, possibly leading to full-year marketing earnings before interest and taxes between $4.08b and $4.76b .
For its production, Glencore’s projections for the year remain unchanged, with copper seen to range from 950,000 to 1.01m tonnes, cobalt between 35,000 and 40,000 tonnes, zinc from 900,000 to 950,000 tonnes, nickel between 80,000 and 90,000 tones, ferrochrome between 1.1m and 1.2m tonnes, and coal between 105,000 and 115,000 tonnes.
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